Question: What does the data in case Exhibit 2 reveal about Panera Bread's operating performance? C-146 PART 2 Cases in Craung and Esatcgy EXHIBIT 2 Selected

 What does the data in case Exhibit 2 reveal about Panera
What does the data in case Exhibit 2 reveal about Panera Bread's operating performance?

C-146 PART 2 Cases in Craung and Esatcgy EXHIBIT 2 Selected Operating Statistics, Pencra Bread Company, 2010-2015 2015201 2013 2012 2011 2010 Revenues at company-operated stores in millions) Revenues at franchised stores In millions) Systemwide store revenues (In millions) Average annualized revenues per company- operated bakery-caf (in millions) Average annualized revenues per franchised bakery-caf (In millions) $2,358.8 $2.230.4 $2.108.9 $1,879.3 $1,5930 $1,321.2 $2,478.0 $2,282.0 $2,175.2 $1,981.7 $1,828.2 $1,802.1 $4,836.8 $4,5124 $4.284.1 $3,861.0 $3,421.2 $3,123.3 s 2.552 $12.502 $ 2.483 2.435 s 2292 s 2.179 s 2.479 $ 2455 $ 2448 2419 s 2315 s 2,266 $47,680 $47.215 $47.079 $46,526 $44,527 $43,578 Average weekly sales Average weekly sales, company-owned cafs $49,090 $48,114 $47,741 $46836 $44,071 $41,899 Average weekly sales, franchised cafs Comparable bakery-caf sales percentage Increases Company-owned outlets Franchised outlets System-wide 3.0% 1.0% 1.9% 1.4% 0.9% 1.1% 2.6% 2.0% 2.3% 6.5% 5.0% 5.7% 4.9% 3.4% 4.0% 75% 82% 7.9% Company-owned bakery-cafs open at year-end Franchised bakery-cafs open at year-end 901 925 867 809 740 662 1,071 955 910 843 801 791 1,972 1,880 1,777 1,652 1,541 1453 2 Total bakery-cafs open The percentages for comparable store sales are based on annual changes at stores with an open date prior to the fnrst day of the prior iscal year (meaning that a store had to be open for all 12 months of the year to be Included in this statistic). Sources: Company 10-K reports for 2015, 2014, 2013, 2011, and 2010

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